Tag Archives: Euro
A.M. Look 12/10/15
Stocks… Spu’s…it’s in the middle. Much above 2055 resistance it can run back to 2070 again. Closing today below the mvg averages would not portend well for next week.Spu/Bonds are sitting on the 50 & 200 DMA cross…The spread needs … Continue reading
A.M. Look 12/9/15
Stocks… Spu’s… 2049-46 is the key mvg avg convergence level where the 50 & 200 DMA meet. This is the closing area that will run the next swing. Above the Indices remain firm led by the momentum names. DD…Du Pont … Continue reading
A.M. Look 12/8/15
Stocks… CMG…this is where the day traders are playing. 516 83 will be pivotal. Anything into 500 can trap shorts. GOOGL…weakens below 760. AMZN…weakens below 660. Spu’s…weaken under 2064. Nikkei…breaks down under 19,380. December Futures expire Thursday. Bonds… Bund…the Dec … Continue reading
A.M. Look 12/7/15
Stocks… AAPL…117.50 is the low risk buy level. Nasd 100…4882 is the 2000 high. The talking heads are myopically focused on the cash, when it’s the continuation Futures prices that matter. A hold in the Indices after the fed Wednesday … Continue reading
A.M. Look 12/4/15
Stocks… Spu’s…2065.50 is the weekly ORL # and today’s 50 year line. Do not over trade this level. This will be an end of day game to see if the chart patterns can be saved. Nasd 100…4620 is the weekly … Continue reading
Euro
106.90 “the spike high” is the level to key off of the rest of the day. This is the weekly ORH #, the level that needs to see sustained price action above to cause the longer term Euro bears to … Continue reading
A.M. Look 12/3/15
Stocks… Spu’s…will need under 2076 for downside. The upside remains the same. DAX…held it’s 200 DMA on yesterday’s low. Bonds… FX… Euro…106.20 is resistance. Above, there is not much until 107. With a positive take on easing Euro could … Continue reading
A.M. Look 12/1/15
Stocks… The Indices should remain a range bound affair until Thursday. Buy breaks in the Spu’s to 2080 with a couple of handle stop. Bonds… 30 Yr….is caught between 155.24 resistance and 154.00 closing support. I’d be patient for new … Continue reading
A.M. Look 11/25/15
Stocks… BBY…is showing a seasonal bounce. Sustaining over 31.65 is needed for a move to 33 +- a few. GOOGL…ran the Spu’s yesterday both up and down. I try and put out the obvious matching technical levels in the … Continue reading
A.M. Look 11/24/15
Stocks… Spy & QQQ gave sell signals yesterday. GOOGL & AAPL are stalling out with sell signals. DIS…gave a sell signal yesterday. I should’ve listened to my 12 yr. old review of the last Hunger games installment. She was distressed … Continue reading